This article presents a performance update for the equity long–short mutual funds that were
first described and analyzed in McCarthy (2014), extending that analysis to the period from …

Mutual funds that claim hedge fund strategies (HMFs) have experienced large increases in
assets under management, yet academic studies are nearly unanimous in their negative …

Buyers of alternative investments need to make an allocation decision in a broader portfolio
context that includes traditional assets—how much to allocate and from where to fund …

Interest rate contingent claims such as swaptions, caps and floors, callable bonds, mortgage-
backed securities and many balance sheet items are subject to vega risk. Vega risk is …

This article examines those mutual funds classified by Morningstar as" Alternative." It follows
an earlier article appearing in the Winter 2014 issue of The Journal of Alternative …

The Journal of Alternative Investments (JAI) offers detailed analysis and expert insight on the
evolving field of alternative investments. The JAI strives to provide its readers with practical …

Despite the rapid rise of the number of liquid alternative mutual funds (LAMFs) available to
retail investors in recent years, few studies have compared how their returns, risk, and other …

Korean hedge funds are institutionalized active investment strategies formed by the
registered special private collective investment vehicles managed by Korean fund managers …

With growing interest in liquid alternatives, the ability of these products to provide a hedge-
fund-like experience is in question. At the aggregate level, liquid alternatives are not proving …

Investors are constantly searching for methods to generate value above passive investment
techniques. Therefore, analysing the performance of hedge funds as compared to mutual …